FedEx (FDX) Sept 2026 earnings
Key Points:
- FedEx reported quarterly earnings that surpassed Wall Street expectations, with adjusted earnings per share of $3.74 versus the expected $3.36, and revenue of $22.86 billion compared to the anticipated $22.42 billion.
- The company’s net income for the quarter was $290 million, or $1.21 per share, down from $650 million, or $2.73 per share, a year earlier, but adjusted earnings reflect stronger performance after accounting for one-time items.
- This quarter marks the first under FedEx’s new fiscal year ending December 31, following the spin-off of FedEx Freight into a separate publicly traded company.
- FedEx’s U.S. express segment saw increased operating income driven by higher package yields and volume, contributing to improved financial results.
- The company raised its full-year outlook, now expecting adjusted earnings per share between $18 and $18.60, and revised its 2026 revenue growth forecast to approximately 12%, up from the previous 11% guidance.